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Most Recent Posts

Conservation Easement Tax Deduction Coverage Round Up

Conservation Easement Tax Deduction Coverage Round Up

The Senate Finance Committee report on syndicated conservation easement transactions released on August 25, 2020, is a dramatic development.  I have been covering conservation easement tax deductions for nearly a decade and think that a summary of that coverage might be timely.  Articles are in reverse chronological order with brief explanations where the title is not self-explanatory.

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Was Denmark Vesey Framed?

Was Denmark Vesey Framed?

Charleston brings up feelings of both excitement and dread.  Parents might want to consider ways to prevent their children from engaging with history,  It can seem pretty harmless, but someday they will be old. Even if they lead a very soft life, they will sometimes experience what one of my Teaching Company lectures calls the “terror of history”.  Beneath the moonlight magnolias southern hospitality veneer of Charleston, I knew it would be there, so I persuaded Evie that we should dive right in.

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The Tax Hazards Of Whole Life Insurance Policies

The Tax Hazards Of Whole Life Insurance Policies

A feature of the game of Monopoly is landing on a space where you get to draw a Community Chest Card.  One of them has an image of Mr. Monopoly (formerly Rich Uncle Pennybags) who has a long beard and a cane and is bent with age.  The card reads Life Insurance Matures Collect $100. It is sort of like he landed on the Community Chest square in the ghetto between Mediterranean and Baltic and rolled snake eyes on the next turn, which you and I both know puts you on Income Tax. Like many others he was taxed on capitalized interest in addition to the excess of his money out over his money in.

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